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Non Performing Loans

Oberbank is Expanding

Oberbank boss Franz Gasselberger has big plans. The branch network will be expanded this year by eight new branches to 150. The banker’s focus of expansion is Vienna.

January 19, 2011

Volksbank: Romania Lowers Results

The losses in Romania constitute a distinct disadvantage, especially for the sale process of the East-Holding of the VBI.

January 19, 2011

Treichl: Massive Criticism on Austrian Government

Andreas Treichl, CEO of Erste Group criticizes the Austrian Government for its fiscal and structural policy. 2011 would be the last chance for reforms.

January 16, 2011

VBI Romania is a Source of Worries for ÖVAG

Volksbank International (VBI) is to be sold by the Austrian Volksbanken Group. The Romanian subsidiary keeps the group from doing so.

December 31, 2010

Massive Lay Offs at Hypo Group

The still ailing Carinthian bank restructures the leasing division. 500 jobs are being cut.

November 30, 2010

Hypo Proceedings: New Revelations

Both sensitive data and risk and control instruments were handled negligently.

November 2, 2010
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